Fulcrum Capital Partners has made a C$20 million equity investment in Tradesmen Enterprises, a facility and pipeline construction contractor. Tradesmen is the sixth investment for Fulcrum’s fourth investment fund.
Tradesmen Enterprises is a facility and pipeline construction contractor with a particular focus on modular fabrication. The company has completed over 300 projects throughout Northern Alberta and British Columbia. Tradesmen Enterprises was founded in 2006 and is headquartered in Grande Prairie, Alberta (www.tradesmenenterprises.com).
The new investment will be used to facilitate Tradesmen’s growth plans, including the planned construction of a new fabrication and modular construction facility that will more than triple the company’s capacity.
Fulcrum Capital Partners manages over C$750 million of capital and invests both equity and subordinated debt in companies with revenues of C$10 million to C$250 million. Sectors of interest include services, manufacturing, consumer products, distribution, food and retail. The firm has office in Vancouver and Toronto (www.fulcrumcapital.ca).
© 2013 PEPD • Private Equity’s Leading News Magazine • 5-15-13